The Advance Payments Program (APP) is a federal loan guarantee program which provides agricultural producers with easy access to low-interest cash advances.
Farmers are eligible to receive a cash advance of up to $1,000,000 which includes $100,000 interest-free. Advances are repaid as the producer sells their agricultural product, with up to 18 months to fully repay the advance for most commodities (up to 24 months for cattle and bison).
As a producer, an APP advance can help you to meet your financial needs, such as farm input costs, immediate financial obligations, and product marketing costs. It can also allow you to make the decision to sell your agricultural products based on market conditions rather than the need for cash flow.
For more information on the Advance Payments Program, including a full list of APP administrators in Canada, visit the AAFC website. Please be advised that procedures and fees vary among administrators.
Pulse and Soybean APP Administrators in Manitoba:
Manitoba Crop Alliance
38 – 4th Avenue NE
Carman, MB R0G 0J0
Toll Free: 1-877-598-5685
Ph: 204-745-6661 OR
Email: tammy@mbcropalliance.ca OR rae@mbcropalliance.ca
Website: www.mbcropalliance.ca
Canadian Canola Growers Association
400 – 1661 Portage Avenue
Winnipeg, MB R3J 3T7
Toll Free: 1-866-745-2256 OR
Email: ccga@ccga.ca
Website: www.ccga.ca